NY - December 5, 2024 - Renowned asset management technology company TRYGVE LLC has launched a new business model, further solidifying its leadership in the high-value asset leasing market. This transformative shift marks a significant milestone for the company, demonstrating its commitment to providing innovative solutions for its clients.
TRYGVE has long been a leader in the B2C consumer leasing market. However, recognizing the need to adapt to a rapidly evolving industry landscape, the company transitioned to a B2B-focused business model. This shift centers on leasing high-value assets such as aircraft, yachts, luxury cars, and other premium assets.
"We are thrilled to introduce our new business model, which will enable us to expand our reach in the high-value asset leasing market," said Michael Robert, CEO of TRYGVE. "Our team has worked tirelessly to develop innovative solutions tailored to the specific needs of our clients. This transformation benefits not only our company but also our partners and customers."
Innovative Supply Chain Model Driving Global Collaboration and Technology Integration
Since 2019, TRYGVE has partnered with its long-term ally CEDG to establish a groundbreaking supply chain model. CEDG oversees the development and management of asset suppliers, ensuring operational stability and compliance. In 2020, the model evolved to include both individual and corporate suppliers. TRYGVE directly leases assets from suppliers and subleases them to global leasing companies, reducing risks for suppliers and stabilizing their returns.
In 2021, TRYGVE, in collaboration with CEDG and strategic partner WYOBIZ, integrated resources from a luxury online retail platform. Suppliers can purchase luxury items directly through the platform and lease them to TRYGVE to generate stable rental income. To date, over 200 individual suppliers and 12 corporate suppliers have participated in this program, promoting the global circulation of high-value assets.
TRYGVE leverages advanced asset tracking technology and comprehensive insurance coverage to ensure the safety and reliability of leasing transactions while significantly improving asset utilization.
CEDG’s Managing Director commented, "TRYGVE's model maximizes supplier returns while simplifying asset management complexities. We’re also pleased that general consumers can now access this market with lower entry barriers."
WYOBIZ LLC’s representative added, "This collaboration has not only enhanced sales performance on our platform but also introduced more consumers to the potential of the leasing market."
Looking Ahead
TRYGVE plans to further expand its operations in European and Asian markets, offering more tailored leasing solutions for individuals and SMEs. The company remains committed to strengthening collaborations with global partners to build a more inclusive and innovative asset management ecosystem.
Media Contact
Company Name: TRYGVE LLC
Contact Person: Michael Robert
Email: Send Email
Country: United States
Website: trygve-llc.com
